Burgundy Technology Acquisition (BTAQ)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	73.55 k	73.55 k	73.55 k	73.55 k	73.55 k	73.55 k
Cash burn (monthly)	216.08 k	124.70 k	520.07 k	201.14 k	1.53 mm	(no burn)
Cash used (since last report)	8.38 mm	4.84 mm	20.17 mm	7.80 mm	59.23 mm	n/a
Cash remaining	-8.31 mm	-4.76 mm	-20.10 mm	-7.73 mm	-59.16 mm	n/a
Runway (months of cash)	-38.5	-38.2	-38.7	-38.4	-38.7	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2022

BTAQ institutional ownership history Ownership history

41.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	3	35	-91.4%
Opened positions	0	11	EXIT
Closed positions	32	50	-36.0%
Increased positions	0	3	EXIT
Reduced positions	0	18	EXIT

13F shares	Current	Prev Q	Change
Total value	151.37 mm	323.09 mm	-53.1%
Total shares	14.74 mm	23.56 mm	-37.5%
Total puts	0.00	0.00
Total calls	0.00	125.07 k	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Burgundy Technology Sponsor	9.69 mm	$100.85 mm	0.0%
D. E. Shaw & Co	3.08 mm	$30.87 mm	0.0%
Linden Capital	1.96 mm	$19.66 mm	0.0%

Largest transactions	Bought/sold	Change
BMO Bank of Montreal	-2.16 mm	EXIT
Linden Advisors	-1.79 mm	EXIT
Magnetar Financial	-1.16 mm	EXIT
Castle Creek Arbitrage	-704.94 k	EXIT
BX Blackstone	-700.00 k	EXIT
Ionic Capital Management	-320.00 k	EXIT
Citadel Advisors	-259.56 k	EXIT
Ubs Oconnor	-252.84 k	EXIT
CNH Partners	-177.23 k	EXIT
Glazer Capital	-175.00 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.